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This paper analyses in a time-series dimension the effect of unemployment benefits schemes on the unemployment of the young members of the Belgian labor force by applying the framework of smooth quantity-constrains. The model is a representation of an aggregate labor market with the coexistence...
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The relationship between the CAPM firm Beta and the firm’s microeconomic decisions is by a model under uncertainty, which combines the feature of an ex ante ‘inputs substituable’ production technology and the existence of a specific union which may bargain over different economic...
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This paper is concerned with the relationship between exchange rate movements and the behavior of import prices in an unionized oligopoly with international trade. Specifically, the paper highlights the effects of labor market organization - reflected by union power and union-firm bargaining...
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